TPG (NASDAQ:TPG – Get Rating) will release its earnings data before the market opens on Tuesday, August 9th. Analysts expect TPG to post earnings of $0.37 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
TPG (NASDAQ:TPG – Get Rating) last announced its quarterly earnings results on Tuesday, May 10th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.05. The business had revenue of $273.01 million for the quarter, compared to analysts’ expectations of $286.73 million. On average, analysts expect TPG to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
TPG Trading Down 0.8 %
NASDAQ TPG opened at $28.30 on Tuesday. TPG has a 1 year low of $23.09 and a 1 year high of $35.40. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.33 and a current ratio of 0.33. The business has a 50 day moving average price of $26.23.
TPG Announces Dividend
Wall Street Analyst Weigh In
Several research firms have issued reports on TPG. Wells Fargo & Company lowered their target price on shares of TPG from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 13th. Citigroup lowered their target price on shares of TPG from $32.00 to $27.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 12th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of TPG from $42.00 to $39.00 in a report on Wednesday, July 13th. JMP Securities assumed coverage on shares of TPG in a report on Wednesday, June 8th. They issued a “market perform” rating on the stock. Finally, JPMorgan Chase & Co. decreased their price target on shares of TPG from $36.00 to $31.00 and set an “overweight” rating on the stock in a report on Friday, July 8th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $31.71.
Hedge Funds Weigh In On TPG
Several institutional investors and hedge funds have recently made changes to their positions in the business. Capital International Investors bought a new position in shares of TPG during the 1st quarter valued at $114,248,000. Capital Research Global Investors bought a new position in shares of TPG during the 1st quarter valued at $114,229,000. Vanguard Group Inc. bought a new position in shares of TPG during the 1st quarter valued at $89,216,000. Goldman Sachs Group Inc. bought a new position in shares of TPG during the 1st quarter valued at $30,620,000. Finally, BlackRock Inc. bought a new position in shares of TPG during the 1st quarter valued at $14,585,000. Institutional investors own 3.75% of the company’s stock.
TPG Company Profile
TPG Inc operates as an alternative asset manager worldwide. It offers investment management services to unconsolidated funds, collateralized loan obligations, and other vehicles; monitoring services to portfolio companies; advisory services, debt and equity arrangements, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies.
- Get a free copy of the StockNews.com research report on TPG (TPG)
- MarketBeat Podcast: Find Investing Opportunities For The Rest of 2022
- The Colgate-Palmolive Growth Outlook Brightens
- Deep Value High Yield Newell Brands Is Ready To Bottom
- These Stocks Outperformed Last Time There Was A Recession
- Does Rivian’s Stock Still Have A Future?
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for TPG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG and related companies with MarketBeat.com's FREE daily email newsletter.